Title: advice for who are witnessing this market for the first time. Post by: Robert518 on July 04, 2022, 07:58:20 AM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time?
Title: Re: advice for who are witnessing this market for the first time. Post by: Oshosondy on July 04, 2022, 08:13:04 AM Read about bitcoin halving and how it may influence the price if cryptocurrencies.
Know that trading is very risky, it is not gambling but consider it as gambling for starter because it can take money like gambling, I mean losses. Do not use the money you can not afford to lose to trade Long term investment is profitable, especially in bear market like this. Be careful of people that provide signals, bots and copy trading. People will only require money from you but they do not care if you gain or lose and you may even lose after paying them. Learn trading from scratch Know that newbie traders will surely lose, use the money lesser than the amount you can afford to lose to start trading. Title: Re: advice for who are witnessing this market for the first time. Post by: NeuroticFish on July 04, 2022, 08:20:48 AM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? Learn about Bitcoin price cycles. Learn about DCA. Learn to have patience. If you try do day trading, learn with small amounts, which you do afford to lose. If you try to invest, DCA. If you are unsure what to do, learn util you're sure (just make sure you finish your learning well before next ATH). I think that you're pretty much fortunate. Crypto winter is imho one of the best times to get into Bitcoin. Whether you invest or not yet, the experience remains. Title: Re: advice for who are witnessing this market for the first time. Post by: Baofeng on July 04, 2022, 08:57:50 AM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? Market works in cycle: bulls and bears. In bull run the price is going up, majority of the coins are going to reach their all time high. But how can we earn more profit in bull run? Then the answer is that when the price is really down in the bear market, that is the time to buy because they are very cheap and just have the mental toughness to hold and wait for the next bull cycle. So if you are seeing this market for the first time, don't be discouraged, on the contrary, take this opportunity to accumulate. Title: Re: advice for who are witnessing this market for the first time. Post by: Maus0728 on July 04, 2022, 09:28:33 AM That beat market is mostly a result of the collapse of overleveraged cryptocurrency-related companies, which causes investors to suffer significant financial losses.
Consider the recent issues involving Voyager, Blockfi, Celcius, and 3AC, which stopped their deposit and withdrawal activities, causing billions of user funds to be locked up as a result of the market crash. Point is, having a non-custodial wallet that lets you grant full authority over your funds is a must rather than using vulnerable lending/exchange platforms as your main wallet to avoid such unprecedented financial repercussions. Title: Re: advice for who are witnessing this market for the first time. Post by: Wexnident on July 04, 2022, 01:18:23 PM If you're panicking about what's happening right now, look at the market charts but zoom out. Observe and see how the pattern of dumps and pumps has always happened and that it's something natural. See how price dumps have always recovered and probably more. Now, look at how long it took for those scenarios and start honing and understanding how much your patience is in play here. After that, I'd honestly just let you think for it yourself. If you want to keep hodling but are doubting, just repeat the cycle of checking the charts and reminding yourself that you're hodling for the long term.
Title: Re: advice for who are witnessing this market for the first time. Post by: danherbias07 on July 04, 2022, 03:39:45 PM Patience will help a lot in this situation. It may have been repeatedly said but it is the only way.
You cannot force it when there's really nothing that can be done. Just like what happened when the last bear came. It went below $3k if my memory serves me correctly, you'll get mad just thinking about how far it went down but at the end of the day, you cannot do anything about it. Perhaps if you have some spare money or you sold at the peak, you can use that to just pile up more cryptocurrencies that are trusted and just wait for another pump to come. Title: Re: advice for who are witnessing this market for the first time. Post by: wheelz1200 on July 04, 2022, 04:06:06 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? The worst is yet to come! Seriously people are looking at bitcoin like it's flattened out its a mirage. Altcoin volume will dry up and dip and bitcoin I could see slowly retracing back a bit more. With economic uncertainty in the air it's only gonna exasperated the issue. My best advise would be to not go all in right now. Cost average into bitcoin so you can lower your cost if it slides yet have a stake in the game if it does actually spike up. Be prepared for.tough times ahead though. Title: Re: advice for who are witnessing this market for the first time. Post by: livingfree on July 04, 2022, 04:24:20 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? Take time to analyze that this has to happen but the market won't be on this situation forever.I know how bad it feels when your investment has lost that much. But you're not the only ones that are in loss here, as someone who has experienced bears. I've learned that those people that have understood the cycles are the ones who wins on this market. As said about halving, it will make the market go bullish again. It's not just a coincidence but this is the time for you to be more patient. Title: Re: advice for who are witnessing this market for the first time. Post by: Jody.Drummer on July 04, 2022, 05:26:26 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? Even though they have been in the crypto world for a long time, it does not mean that the person fully understands the ins and outs of crypto. This is only based on individual experience. Because crypto knowledge doesn't have a major like you in lectures that can easily get fixed material or theory. Sometimes even though it takes a long time, it is clear that understanding can be obtained from the type of person who is diligent, deep in the investment world, or just trading. The composition will be different according to the purpose sought.Title: Re: advice for who are witnessing this market for the first time. Post by: hugeblack on July 04, 2022, 05:32:58 PM Enter the market as a long-term investor.
Always leave some cash in hand to buy when the price drops. Leave enough money to have for six months or a year. Withdraw your capital early and let the profits grow for more than 5 years. Learn how to control your emotions and how to avoid emotional investment. Bitcoin is not a model to get rich quickly but rather how to get out of poverty. Title: Re: advice for who are witnessing this market for the first time. Post by: BitcoinPanther on July 04, 2022, 05:35:25 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? If you are holding Bitcoin then just have patience price will surely recover even if it will take months to years but for sure it won't pass the halving on 2024. If you have extra money try to DCA for maximum profit. This had been an effective investing strategy for many of us. Title: Re: advice for who are witnessing this market for the first time. Post by: abel1337 on July 04, 2022, 05:38:48 PM Don't panic when we experience massive downfall prices, Take it as an opportunity to buy or to make profit from the market. This is were I failed to do last bear market, Getting myself down because of the bear market makes me lose the big opportunity that other people take. If you came from the recent bull market, It would be nice if you stored some stable coin or fiat to fuel your future crypto purchases. Buying on the dip would be a very good move especially if those reaches a massive support, Being ready of having a fund would make it easy for you to make a purchase.
Just be knowledgeable about crypto, have a funds to fuel up your crypto purchase, take advantage of the worst scenarios. and accumulate as much as you can. Title: Re: advice for who are witnessing this market for the first time. Post by: Silberman on July 04, 2022, 09:10:06 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? My advice would be to have a lot of patience, people had a lot of time to learn more about the bear markets before facing one but most likely many of those same people refused to do so as they were too happy to obtain profits during the bull market, and now they have to learn about this market while also experiencing it at the same time, which is by far the most difficult way to learn, so they need patience more than anything, the bear market at some point will end and only those which can keep holding their coins will be able to enjoy the full bull run that comes next, so while it is difficult to endure such a massive drop in the price it is something we must do.Title: Re: advice for who are witnessing this market for the first time. Post by: crzy on July 04, 2022, 09:28:08 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? Just continue to learn, and trade based on your own analysis. The market is very volatile and if the newbie didn’t do his own research, there’s a high possibility for them to lose the money. Trading is not easy for every newbie, just take it easy and learn every steps so you can be good, be more patience as well. You can be more successful once you already know what to do during bear market. Title: Re: advice for who are witnessing this market for the first time. Post by: Sanitough on July 04, 2022, 09:38:19 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? Always know that the crypto market do not stay up always, it will also stay low and create price decline. But the good thing about is, whatever the condition of the market, it has always its own opportunities to earn and become profitable so always act rightly.In times when the market is very bearish and you witness all the coins are in low prices, don't over react. That's part of the bearish market. The only challenge you have to overcome is to survive in this market condition and it will only be possible if you chose to stay calm and patient, and just keep on buying even when the market gets deeper. Title: Re: advice for who are witnessing this market for the first time. Post by: Japinat on July 04, 2022, 09:55:59 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? My advice is simple, don't expect too much in crypto. I can give you sunshine but crypto can give you thunderstorms as well. Before entering any market, you should learn to make a research first about the coin, about their roadmap, plans, strategies, use case and also better if you will learn different jargon related to trading, also prepare your emotional and mental health, trading can give you breakdown in your first few years. Title: Re: advice for who are witnessing this market for the first time. Post by: samcrypto on July 04, 2022, 09:58:41 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? Invest on your knowledge first and don’t rush in the market.I know its bear and you might feel the FOMO but better not to rush and keep analyzing first. This bear market might take more time before it recovers so you still have time to study. Newbies should buy established coin first or the top projects so you can still have the assurance that it will rise again. I was once a newbie and made some mistakes before, I believe you have to learn from those mistakes in order for you to become more successful. Don’t feel any FOMO, just stay on your course and know when to buy and sell. Title: Re: advice for who are witnessing this market for the first time. Post by: Quidat on July 04, 2022, 10:04:40 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? - Know the main thing which do talks about "volatility" - Know about fud and fomo - Know anonymity and decentralization - Know and tend to look those past history or events about price pumps and crashes - Dont make yourself greedy and impulsive - Stick with your analysis and dont rely on other calls and suggestion but its not bad to snip out some ideas. - Dont believe on so-called experts Gain experience and learning as you do go ahead or further yet you are the ones who would able to grasps on something you do encounter. Title: Re: advice for who are witnessing this market for the first time. Post by: GreatArkansas on July 05, 2022, 02:48:32 AM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? Learn from your mistakes. Be consistent.Even though this is your first, I believe you will learn a lot or already learned. If you are still here for the long term, you will be able to use those learnings in the future and become ready for the next different situations. I remember before last 2017-2018 market when it was my first time too and yeah it really hurts, I lost too much. But when the market started to recover last year, I applied my learnings and become profitable. Title: Re: advice for who are witnessing this market for the first time. Post by: worle1bm on July 05, 2022, 06:01:37 AM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? -Don't invest more than you afford to loose-Invest in coins like bitcoins that have recovery chances unlike some shitcoin which can never rise after crash -Be long term investor if you lag trading skills and have patience - Don't believe in FUD and rumours - Invest but always DYOR rather then under the influence of someone else Title: Re: advice for who are witnessing this market for the first time. Post by: rozak on July 05, 2022, 06:17:57 AM - Invest but always DYOR rather then under the influence of someone else for beginners what you mention is very important. but the most difficult I guess is the last point.very minimal beginners with knowledge. some even just hope their investment will turn into a profit in a short time. Therefore, seeing or following other people's advice is very often done by beginners. it's not recommended, but if you want to follow other people's advice, I think it's mandatory for those we know and have indeed succeeded in investing or trading. Title: Re: advice for who are witnessing this market for the first time. Post by: so98nn on July 05, 2022, 10:11:18 AM Stick to the long term planning. There is no way one can survive through this bearish market and for that reason one can only come up with two strategies: Either you hold what you already have OR secondly you buy more assets at the discounted rates. The legends will follow both mantras and go highly profitable once the market starts breaking out from the bearish trend.
As with the bitcoin case, the market always been up and down. Yes, it has also fallen with same ratio as it did currently. 60-70% down, we have been there so just sit back and follow above advices. Title: Re: advice for who are witnessing this market for the first time. Post by: Vaculin on July 05, 2022, 03:27:52 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? Just stay calm and patient, and monitor the market closely because once the price drops more, it means a bigger opportunity is waving. And do DCA when buying since it’s the safest strategy to use not to lose in this dumping market. And never invest in altcoins more than bitcoin, since the more the market dumps, the higher the chances for new altcoins not to survive in the market. Always prioritize bitcoin, knowing it’s the best asset in the crypto market that gives us the best and huge profits.Title: Re: advice for who are witnessing this market for the first time. Post by: Kasabus on July 05, 2022, 04:05:26 PM Patience will help a lot in this situation. It may have been repeatedly said but it is the only way. In a type of market that is so much volatile and unpredictable, patience will certainly create an advantage. Lucky are those who can endure the long term bearish market while seeing their investments falling, because they can be big winners when the market gradually turns bullish. However, for those who easily leave the market because they can’t endure the losses and resort into panic selling, regretting will always be seen in the end.You cannot force it when there's really nothing that can be done. Just like what happened when the last bear came. It went below $3k if my memory serves me correctly, you'll get mad just thinking about how far it went down but at the end of the day, you cannot do anything about it. Perhaps if you have some spare money or you sold at the peak, you can use that to just pile up more cryptocurrencies that are trusted and just wait for another pump to come. Title: Re: advice for who are witnessing this market for the first time. Post by: Franctoshi on July 05, 2022, 05:01:17 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? Go read Bitcoin's white paper if you haven't done that , to properly understand the purpose of Bitcoin. Go through Bitcoin's historical data to understand previous bulls and bears market. Research about Bitcoin's cycle which involves halving after every four years. Bitcoin is not a get rich quick business , so if you want to be profitable you must hold BTC for at least 4 years for it has not failed long term investors. Always buy with proper DCA when you're stacking stats. Title: Re: advice for who are witnessing this market for the first time. Post by: yhiaali3 on July 05, 2022, 05:26:52 PM The best advice for beginners at such times is that you have to learn a lot about trading before you start practically, you also have to be patient, you also have to learn capital management, when you see the markets in such a bearish state, you should not panic and you have to learn patience and hold your coins properly Safe in your wallet until you get the right price, the worst thing for a trader is impatient and panic selling so you have to control your emotions well, these times are the best times to buy so you can buy now and hold it in your wallet while you learn to trade well in this time you are Waiting for the market to rise.
Title: Re: advice for who are witnessing this market for the first time. Post by: virasisog on July 05, 2022, 05:52:05 PM Have the courage to learn everything about trading. From the basics to technical analysis and dealing with the changes that could happen in every market season. It will be a long process of learning before you adapt everything so you have to make sure that you like doing trading and you're passionate about it.
Make sure to handle your emotions because the volatility of the market might give you hundreds of emotions so you must be well prepared for the possibilities. Learn how to get rid of greed and only invest what you can afford to lose. Be ready to face mistakes and learn from them. Title: Re: advice for who are witnessing this market for the first time. Post by: ethereumhunter on July 05, 2022, 06:05:12 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? The most important advice is not to panic if you see the market is volatile and prices are changing rapidly. If you panic, you will decide quickly to sell all your assets which is not always a solution. Keep calm, don't panic, try to find out what is going on in the market, and if possible, you can buy more at a lower price.But this is difficult to do, considering beginners do not have enough experience to stay calm. But at the very least, they can keep trying to stay calm while analyzing the market as best they can. Title: Re: advice for who are witnessing this market for the first time. Post by: dansus021 on July 06, 2022, 02:37:26 AM yeah so many guys above me said really great things, but believe me bro ;D I am witnessing this bear market many times but sometimes I still get pain in the chest very hard ;D ;D the best things is wait and be patience and try control your trade emotions :D
Title: Re: advice for who are witnessing this market for the first time. Post by: sayaya17 on July 06, 2022, 04:43:05 AM yeah so many guys above me said really great things, but believe me bro ;D I am witnessing this bear market many times but sometimes I still get pain in the chest very hard ;D ;D the best things is wait and be patience and try control your trade emotions :D All traders will definitely feel disappointed every time a bear market comes, because the bear market always comes suddenly and no one thinks the bear market will come and destroy the price of all coins. That is the crypto market which is very volatile and very difficult to predict, so we really have to have careful preparation when deciding to jump into the crypto world. So that when bad things happen, we are better prepared to deal with it, even though sometimes losses are unavoidable. In the end, people who are experienced and have knowledge can overcome the coming bear market, still there must be a feeling of disappointment. It must be admitted that it is easier to make a profit when a bull market, so it's natural that we are all disappointed and sad when the bear market comes. The most important thing is that we still believe in the future of crypto and never give up if we experience losses. As you said the key is how we control our emotions, because if our emotions are controlled, facing a bear market is not too painful. Title: Re: advice for who are witnessing this market for the first time. Post by: posi on July 06, 2022, 04:57:51 AM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? Bitcoin is the first coin you should learn, read the whitelist, development history and bitcoin halving...Do not rush to search or invest in tokens if it is not bitcoin, all basic information is available on social networks or right here on this forum, no need to join any signal groups.Before you decide to invest ask us, there are many experienced investors here, and they will be able to give you useful advice in order for you to make the best decision for your investment Title: Re: advice for who are witnessing this market for the first time. Post by: ChrisPop on July 06, 2022, 05:08:16 AM First of all hold your horses, step back, zoom out.
Then you might want to make a thorough analysis of your existing portfolio and personal finances. What are the funds you can allocate to investments? What are your goals from investing - maximising long-term account value or getting a steady passive income? What is your risk profile aka what is the maximum drawdown of your portfolio you digest on a monthly-yearly basis? Only then you can make an educated decision on how much you are willing to invest in Bitcoin and at what price levels you will enter. If you have studied technical analysis you can come up with certain support/resistance levels where the price is more likely to hold. This way you can also minimize the swings of your portfolio - for example you can decide to sell your Bitcoin holdings if a certain level gets broken, but to apply that you need to be quite proficient at trading. Title: Re: advice for who are witnessing this market for the first time. Post by: xSkylarx on July 06, 2022, 05:19:32 AM If newbie owns some crypto before this market dump happens, I advice to delete the centralized exchange app that he's using or avoid visiting its website. Ignore the fuds from different social media ang stay away from any crypto-related stuffs that will cause him to sell his assets at loss.
If he's a newbie who doesn't own any cryptocurrencies yet, then I would tell him this is the best opportunity to buy it because market is at its bottom. Hold it until the next market cycle then see his investment grow big. Title: Re: advice for who are witnessing this market for the first time. Post by: gunhell16 on July 06, 2022, 06:41:31 AM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? if you are a beginner in this industry, I am sure you may be disappointed and you may not. Then in my experience of trading here in cryptocurrency, I saw that the market only works in the Bull and bear market and then when a coin like Bitcoin starts halving. so if you witness that the market is falling that is the right opportunity or opportunity for you to have income in the future when the price rises in the market. Title: Re: advice for who are witnessing this market for the first time. Post by: Fivestar4everMVP on July 06, 2022, 12:53:56 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? Stay hopeful and keep hodling, don't ever panic sell at a loss, this is not the first time this is happening, this is actually the second time I am experiencing a bear market, and i can tell you that i felt exactly the same way you feel now in 2018 after 2017 bull run, i bought most of the altcoins i held then at their all time high, i was patient with them all, i staked those that offer staking and used some others some liquidity provision, all this helped me to hold and though some never saw their all time high again, others later paid off and covered for the other projects i lost money on..if you Hold Bitcoin, dont sell it at a loss, keep hodling and stay hopeful, if you are buying altcoins, only buy already established alts at this time, dont go for new projects except you think they are very promising and the price highly undervalued. In all, dont give up, the market will always recover and you will make your profit if you are patient. Title: Re: advice for who are witnessing this market for the first time. Post by: sklopan on July 06, 2022, 01:24:01 PM To be honest, I would advise you to first study the market conditions well enough, and then work. For it is worthwhile to understand that working without experience is quite risky.
Title: Re: advice for who are witnessing this market for the first time. Post by: Silberman on July 07, 2022, 07:49:11 PM yeah so many guys above me said really great things, but believe me bro ;D I am witnessing this bear market many times but sometimes I still get pain in the chest very hard ;D ;D the best things is wait and be patience and try control your trade emotions :D Such a sensation never really goes away since it is an instinctive reaction to what it is happening, even if we know the market will eventually recover our instincts are telling us that this is something bad from which we should get away, which is why so many people panic and sell their coins even when intellectually they know they should not do it, and only those which are able to overcome those instincts will survive for long enough to witness the next bull market and get the profits they deserve.Title: Re: advice for who are witnessing this market for the first time. Post by: Viscore on July 07, 2022, 08:40:01 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? Do not panic. The market price fluctuations are just normal because we are currently witnessing a bearish market scenario, and this will only be temporarily. If you want not to fall for losses, then do not sell your coins at a loss. Just stay calm and continue observing the market. Once the market falls for a deeper correction, always be smarter and take advantage to buy a lot of promising coins while the market allows you. Once the market turns into bullish, you can never do these things again.Title: Re: advice for who are witnessing this market for the first time. Post by: Finestream on July 07, 2022, 08:52:18 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? Learn from your mistakes. Be consistent.Even though this is your first, I believe you will learn a lot or already learned. If you are still here for the long term, you will be able to use those learnings in the future and become ready for the next different situations. I remember before last 2017-2018 market when it was my first time too and yeah it really hurts, I lost too much. But when the market started to recover last year, I applied my learnings and become profitable. Title: Re: advice for who are witnessing this market for the first time. Post by: Issa56 on July 07, 2022, 09:25:31 PM It has not really been long I started trading and I can't really say am a professional, but atleast have witness bear market before and I know what I did to survive it. My advice to newbies coming to crypto space to always learn how to hold, we won't be having bull run always, definitely their will be bear market so whenever their is bear market always learn to hold and don't panic and sell.
Title: Re: advice for who are witnessing this market for the first time. Post by: Russlenat on July 07, 2022, 09:40:43 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? Be positive. The market is not just all about going to the top, but it has certainly its own lows and uncertainties. So do not make wrong moves like panic selling or leaving the market because all these things are only for temporary reasons. The crypto market is consistently moving, and when the bearish season will be over, the bullish one will certainly be around. So if you to make the most of profits in the future, then consider buying a lot of bitcoins by now so you can sell them at a highly profitable value in the future.Title: Re: advice for who are witnessing this market for the first time. Post by: Kelvinid on July 07, 2022, 10:20:00 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? - keep yourself ready for more dumps- help yourself to keep calm and think this is just temporary - learn to ignore the market decline and focus on our goal - sometimes we need not check our portfolio every day Bear season is a big challenge for newcomers but if they are aware of this situation before investing, I don't think this is surprising. But I think they have been prepared and ready to accept reality. Title: Re: advice for who are witnessing this market for the first time. Post by: CryptoHeadlineNews on July 08, 2022, 01:38:11 AM To those who are actually witnessing the bear market for the very first time, here is my advice to all of them. I will love to say you guys shouldn't worry, because that's actually how Bitcoin works. It falls and rises again, and that's why it's always advisable to only invest an amount you aren't going to use for a long while, so if incase the market doesn't go as planned, at least you still have enough time to recover the money since the need for it isn't that urgent, by leaving your Bitcoin in the wallet without selling for another bull market when the price will definitely rise again
Title: Re: advice for who are witnessing this market for the first time. Post by: Smack That Ace on July 08, 2022, 02:08:28 AM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? If you are holding Bitcoin then just have patience price will surely recover even if it will take months to years but for sure it won't pass the halving on 2024. If you have extra money try to DCA for maximum profit. This had been an effective investing strategy for many of us. Title: Re: advice for who are witnessing this market for the first time. Post by: lienfaye on July 08, 2022, 03:37:30 AM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? For newbies never stop learning about crypto so you can gain idea of what you're getting into. Remember that investing has risk and crypto investment is not different to other investment opportunity out there. Just keep in mind that the bearish market is only temporary so dont panic if it takes longer to recover. Lastly, learn to be patient remember the saying "good things will come to those who wait" so if you want to be a huge gainer dont mind the current price and continue holding your coins.Title: Re: advice for who are witnessing this market for the first time. Post by: oaz7t on July 08, 2022, 04:48:34 AM Hold your horses!
They say you should not be making any moves when the market is reacting aggressively. All you have to do is keep it cool and only step in for the coins which are comparatively stable to rest of the market. Off course, Bitcoin is another story and you can buy it any time. I'm mostly focused on Bitcoin and few other alts which I always prefer in my portfolio. Title: Re: advice for who are witnessing this market for the first time. Post by: TheUltraElite on July 08, 2022, 04:57:19 AM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? To learn about what bitcoin is and how it works before jumping into buying it. Read the historical charts before placing a first buy orders. This will reduce the number of traders coming in at the wrong price.A good understanding of how to keep the wallets safe from hackers and scammers is also important for newbies which is a major source of lost coins. Specific to the bear market this is the time to buy, but observation is also important at the first onset. So maybe dummy trading would be a good thing. Title: Re: advice for who are witnessing this market for the first time. Post by: ven7net on July 08, 2022, 06:12:53 AM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? Personally, I have already seen similar events in the crypto market and I can say that sooner or later the situation will definitely change. Whether this change will be for the better or worse, only time will tell, but from practice, I have already seen how after each market fall, there is a growth in the end. Of course, there may be another trip to the moon, as well as an even greater fall, it will all depend on your faith in cryptocurrencies. You just need to know that there is a crisis going on right now and as soon as it ends, growth should begin. Of course, you won’t go far on faith alone, but if you are an investor, you must understand that any investment is always a risk, which means you need to be able to wait and not make hasty decisions. Title: Re: advice for who are witnessing this market for the first time. Post by: pacnw on July 08, 2022, 06:46:40 AM When BTC is up, don't get irrationally exuberant and think the market is going to continue to go up forever. Have an exit strategy. When the market is up take some profit. You'll feel much better when the market is down if you took profit
Title: Re: advice for who are witnessing this market for the first time. Post by: Questat on July 08, 2022, 09:12:25 AM Hold your horses! Well, the cool idea is to stick with Bitcoin when the market is crashing, taking altcoins is a risky decision. However, playing games with the market and taking the opportunity while prices are cheap gives us a chance to earn more when it rallies back. Yet, it can't be instant and this has become a problem for some newbies, they are not prepared for it as in their mind crypto investments are easy money. They say you should not be making any moves when the market is reacting aggressively. All you have to do is keep it cool and only step in for the coins which are comparatively stable to rest of the market. Off course, Bitcoin is another story and you can buy it any time. I'm mostly focused on Bitcoin and few other alts which I always prefer in my portfolio. Title: Re: advice for who are witnessing this market for the first time. Post by: Silberman on July 11, 2022, 09:14:23 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? To learn about what bitcoin is and how it works before jumping into buying it. Read the historical charts before placing a first buy orders. This will reduce the number of traders coming in at the wrong price.A good understanding of how to keep the wallets safe from hackers and scammers is also important for newbies which is a major source of lost coins. Specific to the bear market this is the time to buy, but observation is also important at the first onset. So maybe dummy trading would be a good thing. Title: Re: advice for who are witnessing this market for the first time. Post by: Lanatsa on July 11, 2022, 10:56:31 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? To learn about what bitcoin is and how it works before jumping into buying it. Read the historical charts before placing a first buy orders. This will reduce the number of traders coming in at the wrong price.A good understanding of how to keep the wallets safe from hackers and scammers is also important for newbies which is a major source of lost coins. Specific to the bear market this is the time to buy, but observation is also important at the first onset. So maybe dummy trading would be a good thing. Dont make yourself get interest with those high or big gains Dont make yourself believed on easy profits Dont be greedy Dont be in a rush on learning everything As a noob then it would be understandable that we are really prone to lapses and errors since we are just new and doesnt have knowledge but on the time that we are gaining those things then this would be an another story. Title: Re: advice for who are witnessing this market for the first time. Post by: LUCKMCFLY on July 17, 2022, 04:42:00 AM The biggest advice I can give is that you do not trade if you do not know how to do it, I recommend that you do not follow group signals or much less take expensive courses where they only teach you technical analysis, I recommend that you read books that help you think and understand how the market moves, in what direction it goes and that you learn to interpret the volume, apart from after you do all this, if you want if you take the technical analysis courses you want, but it is so that you understand that the market does not it moves because the chart has a figure shape or something, the market moves due to other factors.
Title: Re: advice for who are witnessing this market for the first time. Post by: Davidvictorson on July 17, 2022, 10:07:55 AM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? If the market is getting to you, it's okay to take a break for a while. Do something non crypto related. If you read, you'd know that, history always repeats itself. It means that the market will rebound. And no matter what any bitcoin coach or guru out there will tell you about buying the dip, never loan money to do that. I'll say this another way- invest the money that you know you can afford to hodl.Title: Re: advice for who are witnessing this market for the first time. Post by: BuNga_cute on July 17, 2022, 11:47:30 AM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? If the market is getting to you, it's okay to take a break for a while. Do something non crypto related. If you read, you'd know that, history always repeats itself. It means that the market will rebound. And no matter what any bitcoin coach or guru out there will tell you about buying the dip, never loan money to do that. I'll say this another way- invest the money that you know you can afford to hodl.I can understand that for a newbie who is seeing a bear market for the first time, they must be panicking. because they surely think Bitcoin will continue to fall and go to zero. Though the thought will not happen, I have been in the crypto world for a long time, I really believe the crypto market will recover again. Because this is not the first time a bear market has happened, even the bear market that occurred in 2018 is much more frightening. My advice for newbies facing the bear market must be patient, even though going through it is very tiring, but if we can be patient holding Bitcoin until the bull market comes, then the opportunity for newbies to become rich is very open. What you say is quite reasonable when the long bear market we can take a break, so that our minds can be refreshed. It's not easy to make a profit in the crypto world, we can't get it instantly. We have to be patient and never give up facing a bear market. Then regarding the capital we use, it's best not to use borrowed money or even use money for daily needs, that's because the crypto market is difficult to predict. So make sure to use cold money, so we can calmly wait for the market to recover. Title: Re: advice for who are witnessing this market for the first time. Post by: Nrcewker on July 17, 2022, 11:58:13 AM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? If you are newbie and witnessing this type of market for the first time, then I would suggest you to just watch and learn. Without any prior knowledge, if you just jump into the market with an ample amount of money, then it won’t be very profitable for you. If you are one of the types, who invested in Bitcoins and are frightened to see the downwards trend, then let me tell you my friend that this is just temporary movement, there is no need to panic, soon BTC will recover and will give good profits to it’s investors. Title: Re: advice for who are witnessing this market for the first time. Post by: rozak on July 17, 2022, 12:05:15 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? If you are newbie and witnessing this type of market for the first time, then I would suggest you to just watch and learn. Without any prior knowledge, if you just jump into the market with an ample amount of money, then it won’t be very profitable for you. If you are one of the types, who invested in Bitcoins and are frightened to see the downwards trend, then let me tell you my friend that this is just temporary movement, there is no need to panic, soon BTC will recover and will give good profits to it’s investors. we see how the current hype for crypto or bitcoin news is a lot. many people are getting interested in investing and trading in the crypto market, without even knowing the risks. indeed it would be better for a beginner to wait and see how this market works. Looking for lots of references to increase knowledge is also important. that is if they are not afraid to lose their money. Title: Re: advice for who are witnessing this market for the first time. Post by: hashrateproducts on July 17, 2022, 04:43:48 PM This is a very critical period in the space and those who are witnessing this dump period for the first time should trade with caution in other not to blow their account. Market have it's bull and bear period, it matters which one fetch you more profit. Perhaps both market can give you Profits if traded wisely, for instance bear market is absolutely the best time to bagged more coins to your portfolio while bull Market is the unequivocally time to sell all your coins for Profits.
Title: Re: advice for who are witnessing this market for the first time. Post by: boyptc on July 17, 2022, 05:20:34 PM Do yourself a favor that don't look at the news that will just add uncertainty to yourself.
Because if you keep looking at the headlines, that will make you feel even weaker and you're vulnerable which is exactly why those news are being spread. They're targeting the newbies so that you guys will just dump off all that you've got to be out of the game and that's what the whales want. Title: Re: advice for who are witnessing this market for the first time. Post by: Alisha-k on July 17, 2022, 05:37:10 PM For those experiencing this market situation for the first time i will say this is the time to study what has been responsible for pushing prices up in the time past, What kind of news had effect on the market, what events as well played major role in Bitcoin prices. Also don't forget to study about why prices keeps going down despite how investors keeps and and holding.
Title: Re: advice for who are witnessing this market for the first time. Post by: topman21 on July 17, 2022, 05:50:11 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? We have seen this situation in the market from time to time One year is perfectly good but in 2-1 years the market is in very bad condition.But those of you who are new should never invest or trade in this market and trade or invest if you have good knowledge.And no one will ever do futures trading in this random market, everyone should refrain from doing futures trading.Title: Re: advice for who are witnessing this market for the first time. Post by: abel1337 on July 17, 2022, 08:34:16 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? We have seen this situation in the market from time to time One year is perfectly good but in 2-1 years the market is in very bad condition.But those of you who are new should never invest or trade in this market and trade or invest if you have good knowledge.And no one will ever do futures trading in this random market, everyone should refrain from doing futures trading.Title: Re: advice for who are witnessing this market for the first time. Post by: GeorgeJohn on July 17, 2022, 11:00:31 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? We have seen this situation in the market from time to time One year is perfectly good but in 2-1 years the market is in very bad condition.But those of you who are new should never invest or trade in this market and trade or invest if you have good knowledge.And no one will ever do futures trading in this random market, everyone should refrain from doing futures trading.Title: Re: advice for who are witnessing this market for the first time. Post by: LastKiss on July 18, 2022, 12:40:48 AM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? Well, keep calm and buy the dip as always for everyone who has just seen this market. although it's not easy to do, you will be able to learn how to keep calm when the market crash and don't forget to spare your money to buy the dip and do some DCA strategy. Don't ever FOMO in any shitcoin that promises 10 ROI in a short of time because in time like this people who want to be rich quickly always fall into that trap. Title: Re: advice for who are witnessing this market for the first time. Post by: Mpamaegbu on July 18, 2022, 04:58:22 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? I believe five years, spanning two strong bull seasons and the "bears" there in, since I got registered here is enough for someone like me to give counsel on this topic. My advice on that will be that those witnessing this market for the first time at this moment with all its brutal bearish movements should just sit on their hands and do nothing if they've reduced price value in their portfolios. If the investments are all in Bitcoin, just grab a pillow and have a sound sleep. Nothing is amiss. Price will bounce back. That I can assure anyone. Title: Re: advice for who are witnessing this market for the first time. Post by: rojan on July 19, 2022, 02:51:51 AM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? We have seen this situation in the market from time to time One year is perfectly good but in 2-1 years the market is in very bad condition.But those of you who are new should never invest or trade in this market and trade or invest if you have good knowledge.And no one will ever do futures trading in this random market, everyone should refrain from doing futures trading.Title: Re: advice for who are witnessing this market for the first time. Post by: Silberman on July 19, 2022, 04:25:03 AM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? My advice is incredibly simple, you need to learn how to control your emotions because during a bear market since they are your worst enemy, when the price begins to go down it is completely natural to be afraid of what it is to come, especially since we know that volatility in the market of cryptocurrencies is very high, however you need to be able to manage those emotions because if you are not able to do so then you are going to sell for a bad price and lose a lot of money.Title: Re: advice for who are witnessing this market for the first time. Post by: jostorres on July 19, 2022, 03:12:05 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? My advice is incredibly simple, you need to learn how to control your emotions because during a bear market they are your worst enemy, when the price begins to go down it is completely natural to be afraid of what it is to come, especially since we know that volatility in the market of cryptocurrencies is very high, however you need to be able to manage those emotions because if you are not able to do so then you are going to sell for a bad price and lose a lot of money.Another one would be is to have a knowledge because when you are knowledgeable you will know if what are those coins that you must avoid and what are the coins that you should invest in. Title: Re: advice for who are witnessing this market for the first time. Post by: BobK71 on July 19, 2022, 07:29:06 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? We have seen this situation in the market from time to time One year is perfectly good but in 2-1 years the market is in very bad condition.But those of you who are new should never invest or trade in this market and trade or invest if you have good knowledge.And no one will ever do futures trading in this random market, everyone should refrain from doing futures trading.Title: Re: advice for who are witnessing this market for the first time. Post by: carlfebz2 on July 19, 2022, 08:31:36 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? We have seen this situation in the market from time to time One year is perfectly good but in 2-1 years the market is in very bad condition.But those of you who are new should never invest or trade in this market and trade or invest if you have good knowledge.And no one will ever do futures trading in this random market, everyone should refrain from doing futures trading.trying to accumulate and be wary on information as much as you could rather than making yourself dive in without having the awareness or knowledge at least.For first timers or who had just recently know this market then you would really be having that kind of reaction which you might panic sell most of the time which is likely the case but if you do find yourself able to know such scenarios then you would really know on what you would gonna do in next time.Newbie mistakes are normal but better to avoid it as much as you can when you are just starting up because making out some research doesnt really cost you an arm and leg to do that. Title: Re: advice for who are witnessing this market for the first time. Post by: AakZaki on July 20, 2022, 04:52:31 PM The same goes when the market is going in the opposite direction. We should hold on and don't get too excited to sell because there might be more to come. There are still things that are also important to have other than to have a control. One of it is to become aware if what is going around you, like you need to watch out for the news or on the coin updates so that you will know if what to do before the price of the coin go on that direction you are suspecting. That knowledge includes how to conduct market analysis to find out the price that will occur. Some research does need to be done, to predict each coin you want to choose as an investment. Some coins that should be avoided are coins that do not have a clear development, because coins without a clear development will only be trash. Choosing a coin that has real potential must be done with serious research as well as looking at the current list of the best altcoins.Another one would be is to have a knowledge because when you are knowledgeable you will know if what are those coins that you must avoid and what are the coins that you should invest in. Title: Re: advice for who are witnessing this market for the first time. Post by: Sanitough on July 20, 2022, 09:13:06 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? Do not panic. The market price fluctuations are just normal because we are currently witnessing a bearish market scenario, and this will only be temporarily. If you want not to fall for losses, then do not sell your coins at a loss. Just stay calm and continue observing the market. Once the market falls for a deeper correction, always be smarter and take advantage to buy a lot of promising coins while the market allows you. Once the market turns into bullish, you can never do these things again.Title: Re: advice for who are witnessing this market for the first time. Post by: Silberman on July 22, 2022, 01:09:11 AM Be used to it. The market will never stay up all the time, it will eventually go down too so expect that you'll be definitely riding in a roller coaster. Once you panic, you lose your control that may lead you making wrong decisions. So always be calm and never gets affected with the current market condition as its never going to lasts. And with this type of current market, its always a challenge to stay patient as its the only way you'll survive and will still be profitable when the market turns bullish. It is also important to keep our expectations at a realistic level, it is not rare for newbies to come to this market thinking they are going to become incredibly rich in a matter of weeks by investing just 10 dollars, and that is simply not going to happen, the days in which you could make such a small investment and obtain such high profits are gone, so the only way to obtain significant profits is to save enough money, invest in bitcoin and then hold those coins for long enough, if even one of those steps fails the chances you will get a lot of profits drops significantly.Title: Re: advice for who are witnessing this market for the first time. Post by: mich on July 22, 2022, 07:30:02 AM For many people experiencing their first bear market, I would recommend talking to people who have been through these crashes before. Many of us who are long-term holders of crypto currency and other investments have seen many crashes happen throughout our lifetimes.
When you have witnessed crashes before and not caved into the panic selling, you build muscles around learning to hold long. Personally, I have witnessed many new traders panic sell during crashes and seen them regret it later. When you’ve seen this happen a few times you just gain confidence in your decisions and build the ability to stick through tough times because believe me the economy always does pick up again eventually, it just takes time. Title: Re: advice for who are witnessing this market for the first time. Post by: palle11 on July 22, 2022, 03:42:54 PM And with this type of current market, its always a challenge to stay patient as its the only way you'll survive and will still be profitable when the market turns bullish. The only way to get into profit is not only during bull market in the business of cryptocurrency that is for traders. Traders don't really worry about bull or bear market because both ways are profit taking for it but the bear is a big dislike for hodlers because they only make their coins increase in value during this time of bull. This is clearly the difference in the ways profit can be reached. Title: Re: advice for who are witnessing this market for the first time. Post by: TelolettOm on July 22, 2022, 11:16:53 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? I am very sure that people who are in this recent market situation for the fist time will be worried enough, panic, and also afraid of how the market will be in the next. they may think that this si exactly the end of crypto, moreover if added with various FUD that is spreading. It will be enough to make them afraid extremely.But, that is why before going to the crypto market, we always say one thing you must be ready not only for the profits but also for the loss as the risk of crypto. If you are willing to read and learn, you may get important knowledge and experience about how the cycle of crypto itself. In this case, I am sure that wiser people will do wiser decisions even for this current market, and even if they are new. Title: Re: advice for who are witnessing this market for the first time. Post by: LUCKMCFLY on July 24, 2022, 06:00:12 AM Hold your horses! Well, the cool idea is to stick with Bitcoin when the market is crashing, taking altcoins is a risky decision. However, playing games with the market and taking the opportunity while prices are cheap gives us a chance to earn more when it rallies back. Yet, it can't be instant and this has become a problem for some newbies, they are not prepared for it as in their mind crypto investments are easy money. They say you should not be making any moves when the market is reacting aggressively. All you have to do is keep it cool and only step in for the coins which are comparatively stable to rest of the market. Off course, Bitcoin is another story and you can buy it any time. I'm mostly focused on Bitcoin and few other alts which I always prefer in my portfolio. Title: Re: advice for who are witnessing this market for the first time. Post by: Shasha80 on July 24, 2022, 10:28:40 AM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? I am very sure that people who are in this recent market situation for the fist time will be worried enough, panic, and also afraid of how the market will be in the next. they may think that this si exactly the end of crypto, moreover if added with various FUD that is spreading. It will be enough to make them afraid extremely.But, that is why before going to the crypto market, we always say one thing you must be ready not only for the profits but also for the loss as the risk of crypto. If you are willing to read and learn, you may get important knowledge and experience about how the cycle of crypto itself. In this case, I am sure that wiser people will do wiser decisions even for this current market, and even if they are new. The sad fact is that most newbies only think about how much profit they will make from crypto. That's what ends up many newbies who make the wrong decision, they think crypto can make people rich instantly. Therefore, many newbies who first see a bear market like now will panic and immediately sell all the coins they have at a low price. As you explained, with less knowledge, newbies consider the bear market to be the end of crypto. Because newbies are not prepared for a bear market, they will never predict that crypto will crash suddenly. Whereas for people who understand how the crypto world works, the bear market is a great opportunity to collect potential coins. I think the important thing for newbies is not to rush into crypto without any preparation. They have to learn about crypto properly first, and then they have to be able to think critically and don't panic if something bad happens. If they do experience a loss during a bear market, take that loss as a lesson, so they won't repeat the same mistake in the future. Then we have to remember that success in the crypto world requires a long process, so never give up on the failures that we experience. Title: Re: advice for who are witnessing this market for the first time. Post by: buwaytress on July 24, 2022, 12:02:26 PM No one thought it strange to put two seemingly contrasting requirements side by side?
"been in crypto for a long time" and "seeing this [bear] market for the first time" cannot possibly exist in the same person. If you're seeing this for the first time, then you're relatively new to crypto. If you've been in crypto for a long time, you've seen far worse. Been here, done that, been more than here, done more than that. You'll get there if you stay long enough. Title: Re: advice for who are witnessing this market for the first time. Post by: CryptocurencyKing on July 24, 2022, 12:17:37 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? Many newbies who come into the crypto industry start wasting their time on this inefficient and high-risk activity. Without knowledge, without experience, without a strategy, they try to take part of the liquidity into their pockets in an extremely volatile market. It's obvious that most of the beginners who step into crypto for the very first time already see themselves making profits. They never for once get to entertain the idea that there could be some loses or even, loses before hoping to make even a $ as profit. With that, you see them risking more than they could bear without any proper analysis and then you see them in loses. This becomes the obvious reality for them on crypto and as such, you see them finding it hard to invest. One thing they should know is, in the crypto market, its simply exchange of ideas and resources. The value that flows in its charts is simply from one trader to another. You can't come into a market where you've got little experience and expect to win wen we've got pioneers that are just as much, after the same course. Best thing to do remains that you give studying a huge chance, you could buy bitcoin on the sideline and hold, when the time is right for you to start some kind of trading if you must, ensure you go small and periodically, analysing every step of the way and you gradually build an approach of your own towards trading. Title: Re: advice for who are witnessing this market for the first time. Post by: rozak on July 24, 2022, 12:19:17 PM If you're seeing this for the first time, then you're relatively new to crypto. If you've been in crypto for a long time, you've seen far worse. Been here, done that, been more than here, done more than that. You'll get there if you stay long enough. those who have been in the market for a long time, will not be too bothered by the situation. they had seen a much worse situation. I believe what is seen now is a greater opportunity for long-term investments made. rather than contemplating losses, I think it's better to wake up and start planning long-term investments. I guess that's what more people who have been in the crypto market have been doing for a long time. Title: Re: advice for who are witnessing this market for the first time. Post by: stomachgrowls on July 26, 2022, 11:43:42 PM If you're seeing this for the first time, then you're relatively new to crypto. If you've been in crypto for a long time, you've seen far worse. Been here, done that, been more than here, done more than that. You'll get there if you stay long enough. those who have been in the market for a long time, will not be too bothered by the situation. they had seen a much worse situation. I believe what is seen now is a greater opportunity for long-term investments made. rather than contemplating losses, I think it's better to wake up and start planning long-term investments. I guess that's what more people who have been in the crypto market have been doing for a long time. would really be just normal that you would really be freaking out on seeing your portfolio does move on extensive or huge percentage on a single day which if you arent get used to those fast-pace movements then you would really be having these bad and negative impressions towards it. Its normal and all of us did really pass or experience this time since we do all start on being a noob but on the time that you are gradually making some awareness and experience then you would really be changing up on how you do deal yourself and make yourself efficient on this market. Title: Re: advice for who are witnessing this market for the first time. Post by: Oceat on July 26, 2022, 11:58:48 PM They said there are two ways to learn the lesson or experiences in life, first is through your own experiences and second is through other experiences. Some people write their own experiences and some will just talk it out to you. You just need to find ways to learn their lesson without trying to experience what they've been through and luckily people write a book about their experiences.
So the only advice I can give to you OP is to read; there's a lot of information you will find in this forum or you could just simply google it or buy a book on how people make it through the crypto market. Title: Re: advice for who are witnessing this market for the first time. Post by: Findingnemo on July 27, 2022, 05:29:45 PM Bitcoin jumped to greater high than its previous one after every bear market that is the only lesson is enough for everyone and stop being attracted by the hype of new projects which just get along with the trend. Moreover no one can outperform the market so don't rely on advices anymore than is the only advise that I want everyone to follow so all these manipulation and influence will be liquidated or more precisely diluted over time.
Title: Re: advice for who are witnessing this market for the first time. Post by: blockman on July 27, 2022, 05:42:53 PM I hope most newbies are willing to listen to the experiences of others. Because even if you are willing to tell them almost everything that you know but if they're not willing to listen then that's nothing.
It's all about being patient and avoidance of being greedy in this market. If you are a greedy person and you're wanting to earn more, you're unlikely to control your discipline. That's how important it is because many not only traders but investors too have lost a lot with that. Title: Re: advice for who are witnessing this market for the first time. Post by: virasisog on July 27, 2022, 05:50:52 PM I hope most newbies are willing to listen to the experiences of others. Because even if you are willing to tell them almost everything that you know but if they're not willing to listen then that's nothing. It's all about being patient and avoidance of being greedy in this market. If you are a greedy person and you're wanting to earn more, you're unlikely to control your discipline. That's how important it is because many not only traders but investors too have lost a lot with that. Some newbies get too overwhelmed because of the wrong mindset to the extent that they disregard the risks of crypto investment. Yes, greed could make you fail. You should focus on learning and exploring things about the market movement so you'll be able to deal with every market season. Self-discipline is also important so you'll know when to buy and when to sell. Be wise in choosing a good coin. DYOR is very important especially if you're a beginner. You have to be patient so you'll be able to make the right decisions. Title: Re: advice for who are witnessing this market for the first time. Post by: buwaytress on July 27, 2022, 05:51:46 PM If you're seeing this for the first time, then you're relatively new to crypto. If you've been in crypto for a long time, you've seen far worse. Been here, done that, been more than here, done more than that. You'll get there if you stay long enough. would really be just normal that you would really be freaking out on seeing your portfolio does move on extensive or huge percentage on a single day which if you arent get used to those fast-pace movements then you would really be having these bad and negative impressions towards it. Its normal and all of us did really pass or experience this time since we do all start on being a noob but on the time that you are gradually making some awareness and experience then you would really be changing up on how you do deal yourself and make yourself efficient on this market. Yeah but that's kinda my whole point in pointing out the oxymoron in OP. You can't be talking about first timers if they're referring to people who've "been in crypto for a long time". I'm not dismissing how it can be for first timers. I'm saying you're 100% a newcomer if this is your first =) Witnessing a bear market is a matter of time. Bleeding from it is an initiation rite ;) Title: Re: advice for who are witnessing this market for the first time. Post by: blockman on July 27, 2022, 07:32:55 PM I hope most newbies are willing to listen to the experiences of others. Because even if you are willing to tell them almost everything that you know but if they're not willing to listen then that's nothing. It's all about being patient and avoidance of being greedy in this market. If you are a greedy person and you're wanting to earn more, you're unlikely to control your discipline. That's how important it is because many not only traders but investors too have lost a lot with that. Some newbies get too overwhelmed because of the wrong mindset to the extent that they disregard the risks of crypto investment. Yes, greed could make you fail. You should focus on learning and exploring things about the market movement so you'll be able to deal with every market season. Self-discipline is also important so you'll know when to buy and when to sell. Be wise in choosing a good coin. DYOR is very important especially if you're a beginner. You have to be patient so you'll be able to make the right decisions. It's not the daily profit that they should look at but the stability of these people that have gone through bears and bulls and still manage to get up with all of those changing situations whether in profit or in losses. It's like not just a trading game but also about mentality and emotions. Title: Re: advice for who are witnessing this market for the first time. Post by: LUCKMCFLY on July 31, 2022, 10:59:26 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? We have seen this situation in the market from time to time One year is perfectly good but in 2-1 years the market is in very bad condition.But those of you who are new should never invest or trade in this market and trade or invest if you have good knowledge.And no one will ever do futures trading in this random market, everyone should refrain from doing futures trading.Title: Re: advice for who are witnessing this market for the first time. Post by: TheUltraElite on August 09, 2022, 09:18:24 AM The advice I would give to newbies is not to start inventing in the market, just as they can have good luck making some successes, I do not recommend that they start gambling with trading, because they simply will not be able to win much and in the The moment they start to lose, it will be a free fall or a domino effect and the idea is to do terading knowing and having many good arguments as a base, and in case they are wrong, Loren will realize why they failed. Some of the newbies always trade thinking that what they think will happen because they just say or do randomly, and that is the least I would recommend. Gambling with the money is never recommended for newbies, a strict no-no. This can be from taking big risks based on market movements or simply moving from Spot trading to Margin or Leverage trading. Either way is going to go South. At this point it is better to wait and see how the market moves, a bull trend has picked up, which needs to sustain.Most newbies make this mistake and they think easy money is possible from these risky moves while in reality they end up losing more than they can make. This leads to a reluctance in trading and they start to abhor the crypto market. These are also the people who will then go around saying that bitcoin is not worth putting money in and that it is too risky to make money from. While there are risk takers who end up winners, they are not the majority of the trading population, this should be kept in mind when someone new enters the market. Title: Re: advice for who are witnessing this market for the first time. Post by: btc78 on August 09, 2022, 09:33:01 AM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? What do you want to hear? if you are talking about how safe? then this is not that friendly because if you wanted to invest money inside ? then best to learn from your self. Never be greedy , and never be stupid to invest without checking from here and there. this market is not that worth for those who wanted easy money. Title: Re: advice for who are witnessing this market for the first time. Post by: Rufsilf on August 09, 2022, 11:39:21 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? What do you want to hear? if you are talking about how safe? then this is not that friendly because if you wanted to invest money inside ? then best to learn from your self. Never be greedy , and never be stupid to invest without checking from here and there. this market is not that worth for those who wanted easy money. Learning is such a great opportunity to enjoy the market and a sort of familiarization, losing can disappointing but that is how it really happens in trading. Title: Re: advice for who are witnessing this market for the first time. Post by: Rengga Jati on August 09, 2022, 11:50:28 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? Simply,there are some things that must be remembered:1. Never believe on being rich overnight here, there must need process to be rich, the process will be very complex, with up and down condition 2. Never trust anyone in the crypto world, even a CEO of a project ask you to invest in their new project and promise you very high profits, never do it 3. Never believe on investment with very high APY or profit promises, they may be scammers 4. Never follow hype, don't buy tokens based on hype, following the popular influemcers without any analysis, you may be victims of shit coins. 5. Read and learn as much as possible, never stop although you have been long time hre Title: Re: advice for who are witnessing this market for the first time. Post by: taufik123 on August 10, 2022, 04:52:01 AM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? What do you want to hear? if you are talking about how safe? then this is not that friendly because if you wanted to invest money inside ? then best to learn from your self. Never be greedy , and never be stupid to invest without checking from here and there. this market is not that worth for those who wanted easy money. Learning is such a great opportunity to enjoy the market and a sort of familiarization, losing can disappointing but that is how it really happens in trading. loss will definitely happen, we will learn from what has disappointed us. The best advice for beginners who are just seeing the crypto market for the first time is to learn every aspect of trading. Learn and while practicing. Technical and fundamental analysis is very important, you need to know the basics first. and don't get caught up in hype, FOMO, investment scams and a few things that make trading worse. Title: Re: advice for who are witnessing this market for the first time. Post by: Natalim on August 10, 2022, 02:08:31 PM Stay alert and stay calm ;) Short and precise. yes, instead of bothering ourselves about why this happened better think about the opportunity that this bear season gives us - accumulation time. Some have waited until this moment but some are unhappy, just like how these new timers respond to the market. But likely, they have to adapt to the way the market is behaving and we should be aware of the condition that not all the time we are in bull season or bearish, it changes from time to time. Title: Re: advice for who are witnessing this market for the first time. Post by: virasisog on August 10, 2022, 04:02:17 PM Stay alert and stay calm ;) You'll still be able to witness the same market situation in the future so, in this stage, you have to take it as a lesson and learn from the possible market movements that you'll observe. You can't do nothing about the bearish season since it's basically the part of the cycle. You better buy good coins than stare at the price movements so you'll have good preparations for the future bull run. Title: Re: advice for who are witnessing this market for the first time. Post by: Senialayl on August 10, 2022, 04:21:55 PM The first thing in crypto market is the patience. As we see the journey of Bitcoin from 2012 to 2022, the phenomena may be understandable where some rise and drop were seen but Bitcoin crossed $65K which is unbelievable. Secondly, start from small to big or get lose all. Thirdly, search yourself all about when you participate in any thing. And finally, always keep in mind 99% risk and 1% profit.
Title: Re: advice for who are witnessing this market for the first time. Post by: carlfebz2 on August 10, 2022, 11:41:24 PM Stay alert and stay calm ;) You'll still be able to witness the same market situation in the future so, in this stage, you have to take it as a lesson and learn from the possible market movements that you'll observe. You can't do nothing about the bearish season since it's basically the part of the cycle. You better buy good coins than stare at the price movements so you'll have good preparations for the future bull run. For first timers then observing is relevant but reading up more real time experiences from other people does really fasten up things a little bit and that what makes you a little bit aware on how this market works. Dont rush up on learning something and make up decisions according on what you had learned although it wont be simple but it is really just part of investment. Title: Re: advice for who are witnessing this market for the first time. Post by: landheer on August 11, 2022, 03:17:20 AM For those who are seeing the market for the first time, sometimes they can be confused, because the name is also the first time. but my advice for people who are seeing the market for the first time, and will invest, of course we don't need to be confused, because in that market there must be a bull market and a bear market, and my opinion for people who are trying to invest for the first time, try investing in a bear market , because buying during a bear market is the right time. and try to learn more can be through online or offline.
Title: Re: advice for who are witnessing this market for the first time. Post by: lienfaye on August 11, 2022, 04:06:33 AM try investing in a bear market , because buying during a bear market is the right time. and try to learn more can be through online or offline. Buying when the market is in bearish is the perfect timing for beginners. But before investing its a must to take time learning about the nature of crypto. Because this is one of the usual mistake of newbies who are getting interested to invest but lacking of knowledge. If you're aware how it works then seeing the market turning up and down doesnt affect you negatively specially during bearish season wherein many newbies are worried for their investment that it might not recover. So dont panic and have guts.Title: Re: advice for who are witnessing this market for the first time. Post by: 2stout on August 11, 2022, 05:01:50 AM The worst thing you can do at this time is sell your Bitcoin. Keep HODLing and stacking until the next great run, could be a few years from now, but remember to play the long game. Hopefully, you were able to get some when Bitcoin touched 17- 18k.
Title: Re: advice for who are witnessing this market for the first time. Post by: sumant on August 11, 2022, 07:07:07 AM This is probably one of the best question I think because those people who are coming in the market for first time is definitely going to loss if he did not understand crypto. First time of they see old charts they think everything is just put money in but crypto has now become a very tough to earn because any coin value what will be nobody knows so understand and then trade.
Title: Re: advice for who are witnessing this market for the first time. Post by: Rockstarguy on August 11, 2022, 07:29:11 AM Whatever you maybe experiencing in the marketing (dip) don't let it get you panic, it is not new and you understand it is expected to happen because that is the nature of the market, the market can't do without a dip. Beginners in the market should understand that the market is not all about profit but also a dip when the price goes down, in times like that being panic is not an option but to also have exercise patience for the market to become better.
Title: Re: advice for who are witnessing this market for the first time. Post by: fullhdpixel on August 11, 2022, 12:21:21 PM The first thing in crypto market is the patience. As we see the journey of Bitcoin from 2012 to 2022, the phenomena may be understandable where some rise and drop were seen but Bitcoin crossed $65K which is unbelievable. Secondly, start from small to big or get lose all. Thirdly, search yourself all about when you participate in any thing. And finally, always keep in mind 99% risk and 1% profit. If you decide to hodl a coin for long term in order to experience a massive profit then indeed patience is the main thing that you need. What's good about cryptos is that there are terms built for different types of people as they also know that not all have a solid patience but many just want quick profits. Those people can pick up risky coins.Usually those are newly released coins but for those who want medium risk then they can invest on top coins but they can just sell right away when they already made some profits. The last thing that you said seems foul to me. I think 99% risk is too much. Even if you invest in risky coins, I think the risk won't still be high as that. Title: Re: advice for who are witnessing this market for the first time. Post by: judaspriest on August 11, 2022, 01:09:33 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? if someone is new to the crypto market which is very volatile and is afraid to invest, then it is better to just avoid the crypto market, and invest in the stock market, because in crypto it is high risk high reward, of course if you buy crypto currency at low prices like this time, you will really be rich in the future, believe me! Title: Re: advice for who are witnessing this market for the first time. Post by: distr@yopmail.com on August 11, 2022, 01:44:28 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? if someone is new to the crypto market which is very volatile and is afraid to invest, then it is better to just avoid the crypto market, and invest in the stock market, because in crypto it is high risk high reward, of course if you buy crypto currency at low prices like this time, you will really be rich in the future, believe me! Panic in a bear market is normal, but don't make the wrong decision. Title: Re: advice for who are witnessing this market for the first time. Post by: topman21 on August 11, 2022, 02:34:38 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? Investors who enter the market and see the bad state of the market for the first time may think that this is the worst moment of their life. But like the ups and downs in life, currencies also have ups and downs. Q Cryptocurrency markets go up and down in a certain cycle after a certain period of time. Those who are new entrants, please be patient, after some time the market will return to its previous position. Title: Re: advice for who are witnessing this market for the first time. Post by: fullhdpixel on August 15, 2022, 05:44:40 PM Any advice from those who have been in crypto for a long time for those who are seeing this market for the first time? if someone is new to the crypto market which is very volatile and is afraid to invest, then it is better to just avoid the crypto market, and invest in the stock market, because in crypto it is high risk high reward, of course if you buy crypto currency at low prices like this time, you will really be rich in the future, believe me! People shouldn't run away and get out of crypto, they should be focusing on how they could end up doing something much better. This is how I approach things and that's how I know what could be done. I know that there is a good chance that we could end up with a good amount of problems in the long run but we shouldn't run away from them at all. Title: Re: advice for who are witnessing this market for the first time. Post by: salad daging on August 15, 2022, 06:02:19 PM That would cost people to never get into crypto at all and that's not a good way to do it. I personally prefer it when the time comes and you end up with investing into some crypto, then you could be afraid and that's fine, there is nothing you should be afraid of but there could come a time that you feel like that. Even that, beginners have to learn a lot about crypto so that they understand the real bear market, if they don't have the mentality to base it on then they will leave out of fear but if the beginner comes with the desire to learn to do what he wants to know in a bear market then he will be ready later.People shouldn't run away and get out of crypto, they should be focusing on how they could end up doing something much better. This is how I approach things and that's how I know what could be done. I know that there is a good chance that we could end up with a good amount of problems in the long run but we shouldn't run away from them at all. For me crypto is not as scary as that in crypto, it's just that people have different delivery when a newbie comes in and asks, but if we focus on this field and learn better skills I think he will be interested in this risky crypto investment, we will find long term opportunities if we hold on to them. Title: Re: advice for who are witnessing this market for the first time. Post by: freedomgo on August 15, 2022, 07:48:59 PM Stay alert and stay calm ;) Short and precise. yes, instead of bothering ourselves about why this happened better think about the opportunity that this bear season gives us - accumulation time. Some have waited until this moment but some are unhappy, just like how these new timers respond to the market. But likely, they have to adapt to the way the market is behaving and we should be aware of the condition that not all the time we are in bull season or bearish, it changes from time to time. Title: Re: advice for who are witnessing this market for the first time. Post by: FanEagle on August 16, 2022, 03:04:09 PM Even that, beginners have to learn a lot about crypto so that they understand the real bear market, if they don't have the mentality to base it on then they will leave out of fear but if the beginner comes with the desire to learn to do what he wants to know in a bear market then he will be ready later. That’s the point, if you stay in crypto even during bad times and learn, then you will be profiting a lot more in the upcoming bull periods. Like someone who got in on the first days of 2022, and then spent their time only on bear and terribly low markets, they will feel like they are doing something bad and could probably run away from crypto, but if they stay then they are going to end up with a great profit when the time comes because they had months and months of learning what to do when the time comes, that’s an important task and people should stick with it, I personally definitely feel like that’s the best thing to do, for a newbie at least.For me crypto is not as scary as that in crypto, it's just that people have different delivery when a newbie comes in and asks, but if we focus on this field and learn better skills I think he will be interested in this risky crypto investment, we will find long term opportunities if we hold on to them. Title: Re: advice for who are witnessing this market for the first time. Post by: ItsCrafty on August 16, 2022, 05:38:51 PM This is an innovative way to get profit i think that a person at the beginning of trading has to face certain issues but as you become familiar with it so the percentage of issues reduces. Always look into the detail of initiative at first, act wisely and do not follow your feelings, one crucial advice is that you have to wait for the accurate time and then buy or sell coin do not be speedup to get money as your greedy behavior can cause loss of money.
Title: Re: advice for who are witnessing this market for the first time. Post by: Myleschetty on August 16, 2022, 11:15:42 PM My advice to newbies who are witnessing this for the first time is to never look at the chart always and always make your investment priority to be on BTC.
This is an innovative way to get profit i think that a person at the beginning of trading has to face certain issues but as you become familiar with it so the percentage of issues reduces. The percentage of the issue crypto traders experience is specified by the market trend and there's no reason it will reduce even when a trader is not beginning.The only difference is that the expert knows usually knows what to do when the market is not in his favor. Title: Re: advice for who are witnessing this market for the first time. Post by: milewilda on August 16, 2022, 11:37:52 PM Even that, beginners have to learn a lot about crypto so that they understand the real bear market, if they don't have the mentality to base it on then they will leave out of fear but if the beginner comes with the desire to learn to do what he wants to know in a bear market then he will be ready later. That’s the point, if you stay in crypto even during bad times and learn, then you will be profiting a lot more in the upcoming bull periods. Like someone who got in on the first days of 2022, and then spent their time only on bear and terribly low markets, they will feel like they are doing something bad and could probably run away from crypto, but if they stay then they are going to end up with a great profit when the time comes because they had months and months of learning what to do when the time comes, that’s an important task and people should stick with it, I personally definitely feel like that’s the best thing to do, for a newbie at least.For me crypto is not as scary as that in crypto, it's just that people have different delivery when a newbie comes in and asks, but if we focus on this field and learn better skills I think he will be interested in this risky crypto investment, we will find long term opportunities if we hold on to them. whenever you do see opportunities then you do already know on what you should gonna do.You would really be having a hard time specially on your first time but to mind off that everyone starts on being a noob which means that we cant really able to get a good grasps on first time which means errors and mistakes are very common but as you do make yourself learn then you would really be that aware on different market conditions which would really make you sustain. |